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Twitter shuttering NY, SF offices in response to new CDC guidelines

Just two weeks after reopening its New York and San Francisco offices, social media giant Twitter said Wednesday that it will be closing those offices “immediately.” The decision came &#82

Zuckerberg is turning trillion-dollar Facebook into a ‘metaverse’ company, he tells investors

Following the quarterly release of Facebook’s earnings numbers where the company’s CFO takes time to walk analysts through the nitty gritty of the company’s financials, CEO Mark Zuck

INKR draws in $3.1M to make more comics accessible to worldwide audiences

INKR is a digital comics platform that crosses cultural and language divides, enabling creators to reach global audiences with its proprietary localization technology. Previously bootstrapped, the com

Personalized menopause platform Vira Health raises £1.5M from LocalGlobe, MMC Ventures

A new trend is emerging in the world of startups and, to many, it couldn’t have come too soon. Why are there so few women in senior roles? Women going through menopause are commonly known to drop ou

Spotify’s clone of Clubhouse tops 140K installs on iOS, 100K on Android

Spotify’s recently launched live audio app and Clubhouse rival, Spotify Greenroom, has a long road ahead of it if it wants to take on top social audio platforms like Clubhouse, Airtime, Spoon an

Ford expects semiconductor rebound, new vehicle demand to increase 2021 profits

Despite semiconductor shortages peaking during the second quarter of 2021, Ford says it delivered better-than-expected operating results by leveraging strong demand for new vehicles, like its Bronco S

Ford F-150 Lightning electric pickup reservations surpass 120,000

Ford and its F-150 pickup, the automaker’s best-selling vehicle, have consistently inspired brand loyalty from pickup truck owners. According to the J.D. Power 2020 U.S. Automotive Brand Loyalty

Daily Crunch: $150M Series D vaults search-as-a-service provider Algolia to $2.25B valuation

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Dear Sophie: Should we sponsor international hires for H-1B transfers and green cards? 

"My startup is desperately recruiting, and we see a lot of engineering candidates on H-1Bs. They’re looking for H-1B transfers and green cards. What should we do?"

Facebook will require employees to be vaccinated before returning to campus

Earlier today, Google CEO Sundar Pichai announced that the company will require employees to be vaccinated before returning to work on-site. It was part of a larger letter sent to Google/Alphabet staf

Facebook warns of ‘headwinds’ to its ad business from regulators and Apple

Facebook posted its second quarter earnings Wednesday, beating expectations with $29 billion in revenue. The world’s biggest social media company was expected to report $27.8 billion in revenue

Ashirase, a Honda incubation, reveals advanced walking assistance system for visually impaired

The system aims to help users achieve more independence in their daily lives by allowing them to feel which way to walk through in-shoe vibrations connected to a navigation app on a smartphone.

Egyptian ride-sharing company Swvl plans to go public in a $1.5B SPAC merger

Queen's Gambit Growth Capital, the women-led SPAC in charge of the deal, called Swvl 'a disruptive platform that solves complex challenges and empowers underserved populations.'

The MKT1 interview: Growth marketing in 2021, hiring versus outsourcing and more

Excerpts from our Twitter Spaces chat with MKT1 founders Emily Kramer and Kathleen Estreich on the growth marketing industry, when to hire a marketer and when a startup should consider outsourcing.

The Lilium electric jet will use batteries manufactured by Germany’s Customcells

'Collaborating with experts, aerospace partners, is a deliberate choice for us,” Lilium chief program officer Yves Yemsi said. 'It will help us to reduce our time to market and still be safe.'

Score a free month of Extra Crunch with your TC Sessions: SaaS 2021 pass

Whether you’re just starting to build your SaaS empire or you’re further along in your journey, you don’t want to miss TC Sessions: SaaS 2021 on October 27. This day-long virtual event, dedicate

Drivers for Elon Musk’s Loop get a script about their ‘great leader’

Ask 'Do you like working for him?' and you'll get a response that could have come straight from North Korea: 'Yup, he's a great leader! He motivates us to do great work.'

Snapchat adds My Places feature to Snap Map, recommending spots to visit

This further differentiates the social-forward Snap Map from more established resources like Google Maps and Apple Maps, which you can't really use to find out what restaurants your friends like.

Walmart to sell its e-commerce technologies to other retailers

Walmart’s investments in software and retail technologies it used to transform its business from a brick-and-mortar to one that combines both in-person and online shopping will now be made avail

Why I make everyone in my company be the CEO for a day

Unsurprisingly, the CEO of the Day program is one of our most popular initiatives. The program gives an employee the reins for 24 hours with an unlimited budget.
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